Not long ago. It was discovered that congressmen, Senators and their staff had been making extremely profitable investments based on information they’d found out about because of their position. They don’t call it “insider trading”, but in the private sector, they put people in prison for doing it!
Once discovered, a law was passed (STOCK) – The “Stop Trading On Congressional Knowledge Act“) … It was meant (supposedly) to prohibit such actions … as if that would do it …
This week, surprisingly reported by Tamara Keith on National Public Radio, … while supposing no one is watching, … they’re repealing major parts of that law?
Oh; so it was ONLY for show anyway?